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GDP Back to Pre-Pandemic Level

By July 29, 2021Housing
In the second quarter of 2021, real GDP surged and returned its pre-pandemic level as the economy continued to reopen. This quarter’s growth reflected strong gains for consumer and state and local government spending. However, the second quarter gain did come in below consensus estimates. According to the “advance” estimate  released by the Bureau of Economic Analysis (BEA), real gross… Read More ›